Unused dollar coins sit in storage, costing taxpayers millions

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Unused dollar coins pile up in warehouses around the country.

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The Baltimore Sun reports: A 2005 law requires the Federal Reserve to keep ordering dollar coins, despite the fact that nobody wants them. As a result, the money is being stored in bags in warehouses around the country.

Officials expect the number of dollar coins sitting in storage to grow to $2 billion by 2016.